Business news from Ukraine

Business news from Ukraine

Japanese foreign trade organization JETRO opened office in Kiev

“In connection with the opening of the office, we also created a Ukrainian business department at JETRO headquarters, which decided to invite a business support team between Ukraine and Japan. We came with 10 major Japanese companies and startups equipped with advanced technology and a strong commitment to support Ukraine’s reconstruction,” Jetro head Norihiko Ishigura said at the office opening in Kiev on Thursday.
Ukrainian Prime Minister Denis Shmygal also attended the ceremony.
Among the companies that have decided to interact with Ukrainian business are Itochu Corporation (represents investment products, but in Ukraine is interested in engineering projects, food/chemicals/metals trade and automotive business), Taichi holding Limited (develops air conditioning systems, sells construction equipment), Nippon express holding Inc (freight forwarder), Green (develops “clean” solutions for agribusiness), NTC International Co (consulting firm in the field of agriculture), Spec Company Limited (develops soil reinforcing agents), and NTC International Co (agricultural consulting firm).
According to him, JETRO will continue to bring Japanese business initiatives to Ukraine and create as many opportunities as possible for companies from both countries.
He also hopes that Ukraine and Japanese companies will take advantage of these opportunities and develop business relations.
The members of the JETRO Kyiv office are Shibata Tetsuo – he has been appointed CEO of JETRO Kyiv, Sagakuchi Ryohai – coordinator of Jetro in Ukraine, Yoden Tomohiro – deputy CEO, and Diana Nazarova – JETRO Ukraine project coordinator.
“I look forward to building strong ties with Ukrainian communities as a true friend. Dear Kiev, I love you,” Tomohiro stated.
In turn, First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Sviridenko said that the opening of JETRO office in Kiev marks the beginning of strategic partnership between Japan and Ukraine.
JETRO (Japan External Trade Organization) – Japan External Trade Organization Office, an independent administrative body under the auspices of the Ministry of Economy, Trade and Industry of Japan, established to promote trade and economic cooperation with other countries of the world.

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Japan External Trade Development Organization to open office in Ukraine

The Ministry of Economy has registered a representative office of the Japan External Trade Organization (JETRO), which will soon open in Ukraine.

“The opening of the JETRO office in Ukraine is a strategic step, the result of productive negotiations with the government of Japan, and marks the beginning of a new era of cooperation between our two countries,” Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, was quoted on the ministry’s website on Tuesday.

“We strive to create an attractive business environment that will attract Japanese investment and promote a strong partnership between Ukrainian and Japanese companies,” he added.

According to him, Japan plans to provide $188 million for Ukraine’s economic recovery projects, focusing on energy, utilities, critical infrastructure, humanitarian demining, and business support.

“The establishment of the JETRO office will accelerate the introduction of Japanese technologies in our country and open new markets for Japanese brand products to be manufactured in Ukraine,” Kachka said.

JETRO (Japan External Trade Organization) is an office of the Japan External Trade Organization, an independent administrative body under the auspices of the Ministry of Economy, Trade and Industry of Japan, established to promote trade and economic cooperation with other countries.